Security & Fraud

Security & Fraud
Global Cyber Attack Hits 100k Institutions In 150 Countries
May 15, 2017

And it just kept getting worse, this cyberattack — and ever more global in scale. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Security & Fraud
Brooks Brothers Reports Payment Breach
May 15, 2017

Over the past 11 months, Brooks Brothers’ customers at various brick-and-mortar locations in the U.S. and Puerto Rico had their payment card information compromised. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
Chinese Hackers Fined $8.8M Over NY Law Firm Hit
May 15, 2017

The Securities and Exchange Commission (SEC) fined three Chinese citizens $8.8 million for trading on insider information after hacking into two New York law firms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Security & Fraud
British Hospital Workers Were Warned Of NHS Hack Risks
May 15, 2017

Another wrinkle in the ransomware hack attack that is spinning out on the world stage: Reports emerging today indicate that British hospital workers were warned on Friday that there was an imminent threat from ransomware that locks up computers and demands pay to restore access, according...

Security & Fraud
FTC Cracks Down On Tech Support Scams
May 15, 2017

The U.S. Federal Trade Commission (FTC), in conjunction with other federal, state and international law enforcement partners, recently announced a nationwide and international crackdown on tech support scams called “Operation Tech Trap.” Get the Full Story Complete the form to unlock this article and enjoy...

News
Keeping Third Party Risk First On The Cyber (Risk) List
May 15, 2017

As companies expand and interact with an ever-widening web of vendors, third-party risk deepens as data is shared and, potentially, exposed. In the latest Topic TBD, Gayle Woodbury, managing director at Crowe Horwath, weighed in with PYMNTS’ Karen Webster on why risk control needs to...

Security & Fraud
Hacker Tracker: Identity Fraud On The Rise
May 12, 2017

Greater connectivity means greater opportunities — not just for businesses and consumers, but also for fraudsters. A recent study released by Forrester Consulting and digital identity provider ID.me speaks to the growing risk of identity fraud and its detrimental effect on consumer confidence. Get the...

Security & Fraud
Director Of National Intelligence Warns Of Coming IoT Security Threat
May 12, 2017

According to Director of National Intelligence Daniel Coats, smart devices are more than an attractive target for hackers for profit — they could also be the launching ground for attacks on U.S. intelligence efforts in the future. Get the Full Story Complete the form to...

Security & Fraud
FTC To Announce National Consumer Fraud Program
May 12, 2017

Over the past few months, we’ve certainly seen and reported on a lot of action involving the Consumer Financial Protection Bureau (CFPB). From banks challenging its enforcement to advocacy groups suing it to legislators criticizing its director, the CFPB has come under fire quite a bit lately....